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Metaldyne Names Wendy Needham to Board of Directors


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PLYMOUTH, Mich.--Feb. 2, 20047, 2004--Metaldyne announced today that Wendy Beale Needham has joined the company's Board of Directors.

"Wendy Needham is an excellent addition to our Board," said Tim Leuliette, Metaldyne chairman, president and CEO. "Her strong financial background and extensive knowledge of the automotive industry will be great assets to our growing company."

Ms. Needham most recently served as managing director of global automotive research for Credit Suisse First Boston. Before retiring in 2003, she provided investment research on the automotive industry, including extensive research on economic factors driving industry demand trends, and impact on stock price performance.

Before joining Credit Suisse First Boston, she was principal of automotive research at Donaldson, Lufkin and Jenrette, where she participated extensively in merger and equity issuance activities during a period of rapid auto industry consolidation.

From 1981 to 1994, Ms. Needham was a research analyst at Smith Barney, where she built a strong franchise in global automotive coverage, including U.S., Japanese and European automakers. She was named managing director of automotive research in 1989.

Ms. Needham holds a Bachelor of Science degree in Journalism from Temple University's School of Communications and a Master's of Business Administration degree with a concentration in Finance from Columbia University's Graduate School of Business.

Ms. Needham resides in Naples, Fla.

About Metaldyne

Metaldyne is a leading global designer and supplier of metal-based components, assemblies and modules for the automotive industry. Through its Chassis, Driveline and Transmission, and Engine groups, the company supplies a wide range of products for powertrain and chassis applications for engines, transmission/transfer cases, wheel-ends and suspension systems, axles and driveline systems. Metaldyne is also a globally recognized leader in noise and vibration control products.

Headquartered in Plymouth, Mich., Metaldyne's annual revenues are approximately $2 billion. The company employs more than 7,500 at nearly 50 facilities in 11 countries.

For more information, please visit http://www.metaldyne.com.